NYSE:STZ - Constellation Brands Stock Price, News, & Analysis

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$197.44 +0.13 (+0.07 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$197.31
Today's Range$195.01 - $197.92
52-Week Range$195.01 - $236.62
Volume1.30 million shs
Average Volume1.94 million shs
Market Capitalization$38.27 billion
P/E Ratio22.64
Dividend Yield1.48%
Beta0.08
Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. It provides beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Obregon Brewery, and Ballast Point brands. The company offers wine under the 7 Moons, Black Box, Clos du Bois, Estancia, Mount Veeder, The Dreaming Tree, Franciscan Estate, Nobilo, The Prisoner, Kim Crawford, Ravage, The Velvet Devil, Kung Fu Girl, Mark West, Meiomi, Robert Mondavi, Ruffino, and Simi brands, as well as Schrader Cellars and Charles Smith brands; and spirits under the Casa Noble, High West, SVEDKA Vodka, Black Velvet Canadian Whisky, Casa Noble Tequila, and High West Whiskey brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
Current SymbolNYSE:STZ
Previous Symbol
CUSIP21036P10
Phone585-678-7100

Debt

Debt-to-Equity Ratio0.80
Current Ratio1.66
Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio22.64
Forward P/E Ratio20.94
P/E Growth1.95

Sales & Book Value

Annual Sales$8.33 billion
Price / Sales4.49
Cash Flow$10.4410 per share
Price / Cash18.91
Book Value$42.15 per share
Price / Book4.68

Profitability

EPS (Most Recent Fiscal Year)$8.72
Net Income$2.32 billion
Net Margins38.18%
Return on Equity18.63%
Return on Assets8.09%

Miscellaneous

Employees9,600
Outstanding Shares189,460,000
Market Cap$38.27 billion
OptionableOptionable

Constellation Brands (NYSE:STZ) Frequently Asked Questions

What is Constellation Brands' stock symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands declared a quarterly dividend on Friday, October 5th. Stockholders of record on Tuesday, November 6th will be given a dividend of $0.74 per share on Tuesday, November 20th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Monday, November 5th. View Constellation Brands' Dividend History.

How will Constellation Brands' stock buyback program work?

Constellation Brands declared that its Board of Directors has authorized a stock repurchase program on Saturday, January 6th 2018, which allows the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) released its earnings results on Thursday, October, 4th. The company reported $2.87 EPS for the quarter, beating the Zacks' consensus estimate of $2.60 by $0.27. The company had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.25 billion. Constellation Brands had a return on equity of 18.63% and a net margin of 38.18%. The company's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.47 earnings per share. View Constellation Brands' Earnings History.

When is Constellation Brands' next earnings date?

Constellation Brands is scheduled to release their next quarterly earnings announcement on Friday, January 4th 2019. View Earnings Estimates for Constellation Brands.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands updated its FY19 earnings guidance on Thursday, October, 4th. The company provided earnings per share (EPS) guidance of $9.60-9.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.44.

What price target have analysts set for STZ?

24 equities research analysts have issued twelve-month price objectives for Constellation Brands' shares. Their predictions range from $165.00 to $300.00. On average, they anticipate Constellation Brands' share price to reach $247.2857 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Constellation Brands.

What is the consensus analysts' recommendation for Constellation Brands?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 2 sell ratings, 5 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.

What are Wall Street analysts saying about Constellation Brands stock?

Here are some recent quotes from research analysts about Constellation Brands stock:
  • 1. Jefferies Financial Group Inc analysts commented, "In a release after mkt, STZ announced Rob Sands will step aside on 3/1, ending his 11-year tenure as CEO, and will assume the role of exec. chairman. STZ’s current pres./COO, Bill Newlands, will assume the CEO role. While likely a bit earlier than the market anticipated, Newlands appeared to be the clear successor to Mr. Sands when he was named Pres. earlier this year. STZ remains our top large cap growth idea w/base biz (ex-Canopy) trading at ~16x EV/ EBITDA." (10/17/2018)
  • 2. According to Zacks Investment Research, "Constellation Brands surpassed the industry in the last three months, courtesy of its solid earnings trend, which continued in second-quarter fiscal 2019. Earnings reverted to its 14 quarter long record of positive surprises, after a miss in the previous quarter. Additionally, sales outpaced estimates in 10 out of the last 12 quarters. Higher sales at the beer, and wine and spirits segments as well as strong depletions and shipment volumes in the beer business aided results. Its constant brand-building efforts, acquisitions, investments in digital enablement for e-commerce initiatives and the new ERP platform are added positives. Moreover, management’s raised earnings outlook for fiscal 2019 drives optimism. However, higher marketing expenses and transportation costs have been denting operating margin, which remains a threat to profitability. Stiff competition, higher debt position and taxes are other concerns." (10/16/2018)
  • 3. Pivotal Research analysts commented, "We could have said that we were so dazzled by STZ, 2Q report and outlook, and CEO Rob Sands indominable bullishness, that we just couldn’t put words to paper! However, the truth is in the author’s own vineyard, we had 33 tons of grapes to harvest yesterday. While I hate to publish research a day late, this was one report that benefitted from some marinating in the mind before putting words and digits on paper. CEO Rob Sands was truly on fire – declaring: “given Constellation’s leadership position in the high-end U.S. beer market further runway for margin expansion throughout the business, unique leverage to the emerging cannabis space and an attractive valuation, I believe Constellation will continue to be a multiyear double-digit EPS compounder.” This was a beautiful quarter." (10/5/2018)

Has Constellation Brands been receiving favorable news coverage?

News coverage about STZ stock has been trending somewhat negative on Thursday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Constellation Brands earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Constellation Brands' key competitors?

Who are Constellation Brands' key executives?

Constellation Brands' management team includes the folowing people:
  • Mr. Robert S. Sands II, CEO & Director (Age 59)
  • Mr. William A. Newlands, Pres & COO (Age 59)
  • Mr. David Eric Klein, Exec. VP & CFO (Age 54)
  • Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer
  • Ms. Patty Yahn-Urlaub, VP of Investor Relations

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.36%), Capital World Investors (2.14%), FMR LLC (1.87%), Alliancebernstein L.P. (1.48%), Third Point LLC (1.27%) and American Century Companies Inc. (1.04%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, F Paul Hetterich, James A Locke III, Richard Sands, Robert Sands, Thomas J Mullin, Thomas Michael Kane, William A Newlands and William F Hackett. View Institutional Ownership Trends for Constellation Brands.

Which institutional investors are selling Constellation Brands stock?

STZ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Massachusetts Financial Services Co. MA, PNC Financial Services Group Inc., AQR Capital Management LLC, Nokota Management LP, Nokota Management LP and Alliancebernstein L.P.. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Locke III, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.

Which institutional investors are buying Constellation Brands stock?

STZ stock was purchased by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Third Point LLC, Mackenzie Financial Corp, American Century Companies Inc., Eaton Vance Management, Kepos Capital LP, Franklin Resources Inc. and Capital World Investors. View Insider Buying and Selling for Constellation Brands.

How do I buy shares of Constellation Brands?

Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Constellation Brands' stock price today?

One share of STZ stock can currently be purchased for approximately $197.44.

How big of a company is Constellation Brands?

Constellation Brands has a market capitalization of $38.27 billion and generates $8.33 billion in revenue each year. The company earns $2.32 billion in net income (profit) each year or $8.72 on an earnings per share basis. Constellation Brands employs 9,600 workers across the globe.

What is Constellation Brands' official website?

The official website for Constellation Brands is http://www.cbrands.com.

How can I contact Constellation Brands?

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]


MarketBeat Community Rating for Constellation Brands (NYSE STZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  674 (Vote Outperform)
Underperform Votes:  636 (Vote Underperform)
Total Votes:  1,310
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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